WeWork India delivered a strong performance in Q2 FY26, with sales velocity rising 62% year-on-year. The flexible workspace provider continued to see healthy demand from large companies, startups, and global capability centers (GCCs).
The company achieved its highest-ever quarterly revenue of ₹585 crore, driven by strong desk sales and rising occupancy. WeWork India maintained an 81% occupancy rate, supported by demand across major cities including Bengaluru, Mumbai, Delhi-NCR, and Pune.
WeWork India now operates 114,000 desks across 8 cities, marking a 26% increase in capacity year-on-year. The company’s focus continues to remain on Tier-1 markets, which account for most of India’s office leasing activity and strong corporate demand.
Enterprise customers remain the biggest growth driver, contributing 73% of the member base. This reflects a growing shift among large organizations toward flexible, scalable workspaces. Startups, freelancers, and small businesses also continued to show interest, supported by WeWork India’s hybrid and on-demand workspace offerings.
The company maintained strong unit economics, with an EBITDA margin of 66.8% under Ind AS accounting. EBITDA stood at ₹118 crore under IGAAP, and the business turned profitable under Ind AS with a PAT of ₹6.4 crore for the quarter. Return on capital employed (ROCE) also improved by 502 basis points year-on-year.
WeWork India continues to invest in technology to enhance user experience. Its upgraded mobile app has seen 14,000+ downloads with a 4.9-star rating, supporting easy booking, access controls, and community engagement. The company is also expanding its product offerings, including workplace management solutions and on-demand services.
Beyond business growth, WeWork India is focusing on community and environmental initiatives. Recent efforts include lake restoration, wildlife protection programs, and youth development through education partnerships.
Led by CEO Karan Virwani, WeWork India has emerged as a leading flexible workspace operator. The company offers coworking solutions ranging from dedicated desks to customizable enterprise offices, helping businesses scale with lower upfront costs.
With India’s office leasing market expanding and new-age companies adopting hybrid models, WeWork India expects strong demand to continue. Its ability to integrate technology, community experience, and flexible design positions it well for the future of work in India.
